italians ready to invest in luxury sector: real estate market growth for the second consecutive year

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The recovery in the property market is no longer a mirage, 2016 confirming the pivotal year after a 2015 characterized by growth.
Despite recording an overall increase of 5.7% in the residential, 2015 ended with a very positive fourth quarter for both trades (+ 10%) and for the provision of mortgages, loans and bonds with mortgage constitution aimed the purchase of housing units.
The protagonist of the fourth quarter of 2015 was the Center-South, while if one considers the purchase and sale agreements for the full year, there are values ​​above the national average in the Northeast (+ 8.8%) and the North-west (+ 6.3%), with smaller increases in the Islands (+ 5.4%) in the South (+ 3.7%) and the Centre (+ 3.6%).
The luxury sector is the only one that has not been affected by the housing crisis and the negative trend since 2006 seems finally to have ended, and Italians investors, who have so far maintained a degree of caution, they are ready to embark on new property transactions with renewed confidence .
Analyzing the research for the purchase of luxury properties worldwide web, you may notice that the average budget of budgeted spending is around 3 million euro, while the Italians are interested in spending a little less: by 2,5 to 2.7 million.
Best investor of Saudi Arabia, that because of the oil crisis, do not seem willing to buy more than 2 million Euros.
Ninth in the standings, Italy is seen instead overcome in expenses by English, French and Brazilians, all below the average budget; while far exceed the budget the Germans, Swiss, Americans and sheikhs of the UAE, which guide investments with a purchase average capacity of more than 4 million.

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